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About this home
Just Listed! Exceptional opportunity in Portland's coveted Oakdale neighborhood! This meticulously restored multi-family blends historic charm, thoughtful craftsmanship, and great income potential. The property features 3 renovated units: a 1st floor 2 BD apt w/ a 1-BD in-law suite in the finished bsmt; 1 BD units on 2nd & 3rd floor. Bring your vision for the detached 1½-story carriage house / future ADU potential (subject to City approvals), or future garage. Owner-occupied throughout the current ownership, this property has no registered rents, offering a rare opportunity for its next owner to set their own rents. What sets this property apart is the extraordinary level of investment made by the current owners. Over the past decade, they've completed extensive improvements far beyond cosmetic updates, creating a turnkey asset with lasting value. Custom kitchens feature handcrafted Kat Finck cabinetry, butcher block counters, Kohler fixtures, & Energy Star appliances, w/ renovated bathrooms showcasing marble and tile. Major upgrades include three separate electrical systems and hot water heaters, recessed LED lighting with Lutron dimmers, hardwired smoke/CO detectors, upgraded insulation, Rinnai natural gas heaters, hydronic electric baseboard heat, an upgraded water meter, sump pump. Utility room has a natural gas infrared backup heater, sprinkler protection, and a 90-minute commercial-rated self-closing fire door. Exterior improvements include transite siding abatement, new siding, Renewal by Andersen windows, roof restoration, dormer and eave repairs, rebuilt decks and stairs, preservation of original architectural details, & carriage house foundation repairs. Whether you're seeking an owner-occupied property with supplemental income or a long-term investment w/ future upside, this is a rare opportunity to own a beautifully restored multi-family just minutes from USM, UNE, & downtown Portland. See seller improvement list.
Multi-familyProperty Type
1909Year Built
6,098 sq ftLot Size
$340Price/Sq.Ft.
2 car garageParking
Listed by Heather Mayer• Portside Real Estate Group
Oakdale, located between Back Cove and Deering Oaks Park, is a residential and academic Portland neighborhood with leafy side streets and a steady campus-day rhythm. The neighborhood’s character concentrates around the Forest Avenue and Bedford Street corridor, where corner markets, coffee counters, and small eateries keep sidewalks active. The University of Southern Maine’s Portland campus anchors the area, with the Abromson Community Education Center and the Osher Map Library & Smith Center for Cartographic Education adding a cultural note. Early-20th-century houses and compact apartment buildings line the blocks, with porches and mature trees shaping the streetscape. Back Cove’s shoreline path frames the north edge with long water views and a commuter-friendly loop. Deering Oaks Park adds lawns, ponds, and seasonal events that spill into nearby streets.
Provided by Walk Score and Local Logic
Offer insights
44 William St · $997,000
$1.02M and above
75% chance or better to win
Why $1.02M+ is a strong offer
DAYS ON MARKET
2 days
The average home goes pending in 50 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
In-law floor plan
Walk-in closets
Internet access available
Finished basement with interior and walk-out access, a doghouse entry, and sump pump
Bedrooms
Three units: two 1-bedroom units and one 3-bedroom unit
The 1-bedroom units are on the second and third floors; the 3-bedroom unit is on the first floor
Bathrooms
Four full bathrooms total
Kitchen
Refrigerators in all three units
ENERGY STAR qualified appliances
Laundry & utility
Washer hookups
Flooring
Laminate, tile, and wood flooring
Heating & cooling
Baseboard heating
Direct-vent furnace
90%-efficient furnace
Dehumidifier
Thermostat
Exterior features
Deck and porch
Barn
Level lot with sidewalks in an intown neighborhood near public transit
Home design
Four-story, multi-level building
Parking
Detached two-car garage with storage above
Paved off-street parking
Construction
Built in 1909
Wood-frame construction with shingle and wood siding
Granite foundation
Composition roof
Utilities
Public water and sewer
Circuit-breaker electrical system
Electric and gas water heaters
Financial info
Three-unit property with gross income of $84,000 and operating expenses of $13,786.56
Unit rents: $1,400, $3,750, and $1,850
Electricity and solar
View estimated energy costs and solar savings for this home
This Victorian is located in the desirable USM area of the Oakdale neighborhood. Hardwood floors, French doors and a working fireplace in the first floor unit. Property does need some attention. .. this is that investment so many are looking to own!
Year
Property tax
Land + Additions
Assessment*
2024
$7,667 (+4.2%)
$92,700 + $418,100
$510,800
2023
$7,361 (+5.9%)
$92,700 + $418,100
$510,800
2022
$6,952 (+4.8%)
$92,700 + $418,100
$510,800
2021
$6,635 (−6.8%)
$92,700 + $418,100
$510,800
2020
$7,117
$87,200 + $218,100
$305,300
2019
$7,117 (+3.7%)
$87,200 + $218,100
$305,300
2018
$6,863 (+3.8%)
$87,200 + $218,100
$305,300
2017
$6,610 (+2.6%)
$87,200 + $218,100
$305,300
2016
$6,445 (+2.3%)
$87,200 + $218,100
$305,300
2015
$6,298 (+3.1%)
$87,200 + $218,100
$305,300
2014
$6,106
$87,200 + $218,100
$305,300
Public record
Public record
Zoning
Permits
Beds
6
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
6,098 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,435
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,435
Year built
1909
Style
Multi-Family (2-4 Unit)
County
Cumberland County
APN
118340
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
R5
Residential
To provide appropriate areas of the city for medium-density residential development characterized by singlefamily, two-family and low-intensity multifamily dwellings on individual lots; to ensure the stability of established medium-density neighborhoods by controlling residential conversions; and to provide for planned residential unit development on substantially-sized parcels.
Nov 26, 2025 • Final
Commercial/multi family (3+ units) alterations
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 88° expected this year, 17 days in 30 years
6/10 Wind Factor
59% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04103
Average low and high temperatures (°F)
30
16
33
15
44
28
53
37
64
48
76
57
81
63
78
58
72
54
62
43
49
33
35
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
80/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
3.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 44 William St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $850,000 and $1,150,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $850K to $1.1M.